Thursday, 25 June 2020

Global e-Pro E-Patient Diaries Market: Growth Drivers

The demand within the global e-pro e-patient diaries market is expected to reach new heights in the years to follow. The total volume of sales across this market is increasing alongside advancements in healthcare and medical facilities. The healthcare industry has remained steadfast in inducting digital technologies that can expedite the process of treatment and diagnosis. The impact of digital enhancements on the e-pro e-patient diaries market has been colossal. There has been a stupendous rise in the number of successful treatments initiated and completed over the past decade. The growing pace of digitalisation has emerged as an important dynamic of growth and maturity within the global e-pro e-patient diaries market.
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In this syndicate review on the global e-pro e-patient diaries market, Transparency Market Research uncovers a range of dynamics and trends that have aided the growth of this market. Digitalisation of healthcare has become the top-notch priority of several countries. The use of e-pro e-patient diaries runs parallel to the induction of telehealth services, electronic health records, and other digital health platforms and technologies. In light of these factors, it is safe to assert that the vendors operating in the e-pro e-patient diaries market have a large playfield of opportunities at their disposal.

Global e-Pro E-Patient Diaries Market: Notable Developments

  • Several providers of e-pro e-patient diaries have remained focused towards brainstorming new ideas to popularise the use of such platforms and services. These vendors release regular guidelines and standards pertaining to the use of e-pro e-patient diaries. IVR Clinical Concepts has been at the forefront of growth within the global market. The entity has developed electronic patient diaries that can fetch data in real-time, facilitating ease across the domain of clinical research and trial. The company’s real-time ePRO data collection technology can now be combined with IWRS available across iPhones, iPads, computers, and android devices.
  • The next decade could witness the emergence of several new players into the global e-pro e-patient diaries market. The quest of the medical industry to digitalize various pathways and platforms has attracted investors and stakeholders. New players are eyeing at earning rewards from the digitalisation of healthcare in these times. The digital health industry has been conducive to the growth of the vendors operating in the e-pro e-patient diaries market.

Global e-Pro E-Patient Diaries Market: Growth Drivers

  • Importance of Accomplishing Clinical Trials
The relevance of clinical trial for various medications, treatment lines, and drugs cannot be undermined. Besides, patients reporting and feedback has come to play a major role in accomplishing clinical trials. However, it is important to develop a workable system that can help in fetching patient feedback and information during the process of evaluation. The development of e-pro e-patient diaries has helped in swiftly getting electronically transmitted and stored feedback of patients on clinical trial practices. Furthermore. The importance of patient-reported outcomes for evaluating the success of a clinical trial has increased in recent times. On account of the factors stated herein, the global e-pro e-patient diaries market is projected to expand by leaps and bounds.
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  • Digitalisation of Healthcare
The total value of the global e-pro e-patient diaries market has increased over the past few years. This is mainly due to the acceptance of electronic technologies and communication in the healthcare and medical industries. Furthermore, the domain of telemedicine or e-health have supported the growth of the e-pro e-patient diaries market. The quest of the medical and healthcare industries to digitalize various verticals in the healthcare domain has been a key driver of market demand. Several e-health platforms run parallel to e-pro e-patient diaries, creating a congenial and sound base for effectuating clinical trials.

Flexographic Printing Plates Market: Growth Dynamics

Printing plates are popularly used in the print packaging industry for use in printing on paper and boards. A wide range of substrates have come to the fore that allow printing industries use variety of inks for printing on plastics and fiber. Flexographic printing plates have gained preference among end users for removing unwanted fluting during the printing of printing on corrugated boards. The growth in the flexographic printing plates market lies on the back of growing demand for corrugated packing by brands in various industries, world over. Over the years, focus to improve the performance of flexographic printing has increased, bolstering technological advancements in flexographic printing plates market. Extensive demand for printing presses in industries has helped the market to evolve. However, the recent COVID-19 pandemic has suppressed the use of flexographic printing plates, mostly on the back of sloth in manufacturing industries.
Over the years, the use of photopolymer to make flexographic printing plates has gained preference over rubber. Popularity of flat top dots technology in printing industry has continuously expanded the scope of the flexographic printing plates market.
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Flexographic Printing Plates Market: Competitive Landscape and Recent Developments

The report on the flexographic printing plates market looks the various dynamics of the competitive landscape and recent strategies by top players. The study also looks the recent developments that may change the future growth trajectories. It scrutinizes the trends that will impact the entry of new players and factors that will define the consolidation strategies of emerging players in key regions in the flexographic printing plates market.
The demand for flat top dot flexographic printing plates in the printing industry has risen over the years. In particular, the demand for these plates for printing on sustainable substrates in paper and paperboard application has gathered traction in the flexographic printing plates market. Eyeing a huge prospect, Flint Group Flexographic, a prominent supplier of flexographic printing plates solution has in May 2020 launched Nyloflex FTL Digital for corrugated printing applications. The company affirms that its solution will help end users bring down the use of less plate material, making the solution sustainable. Moreover, this flexographic printing plates with flat top dots will also keep the cost of consumable low. One marked advantage of this printing plate, asserts the company, is the option of using recycled fibers in the substrate.
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Flexographic Printing Plates Market: Growth Dynamics

With industries taking a massive hit in China, pigments for packaging printing inks have also taken a plunge southward. This has a massive road-blocking effect on the application of flexographic printing plates. Several players have also been facing impediment regarding supply disruptions for ensuring the availability of raw materials for printing plates to work. A lack of appetite for capital as well as consumer goods has also played a havoc in the expansion of the flexographic printing plates market. 
Growing consumer demand for sustainable packaging is one of the key trends that will support the evolution of the flexographic printing plates market. Advent of digital flexo plates opened a new revenue potential for companies. Furthermore, the drive toward using recyclable materials in printing presses, such as inks, also fuels the expansion of the market. Demand for versatile flexographic printing plates is expected to open new avenues for players in the flexographic printing plates market.  
Various types of inks used are aqueous, solvent based, UV cured, and cationic inks.
The study takes a closer look at the key drivers, restraints, and opportunities in the flexographic printing plates market. It highlights the trends that have caused disruption in the revenue generating potential of top players.

Flexographic Printing Plates Market: Regional Outlook

Several developing and developed economies have been at the center of development of prospects in the flexographic printing plates market. Most players are leaning on realigning strategies to combat the disruptions in supply chain caused by COVID-19 pandemic lockdowns imposed by numerous governments for a long time. Some prominent players are banking upon the popularity of eco-friendly printing substrates and cost-effective printing plates.

Global Experiential Advertising Agency Services Market Dynamics

  • Experiential advertising is used to interact with consumers by using modern forms of communication and approaches of marketing from a more personal angle. Experiential advertising agency services help customers to get enough information about the retail store, so as to motivate them to go to the retail store to make the purchase.
  • Experiential advertising agency services engage consumers by allowing them to directly participate and interact with a business or brand.
  • The COVID-19 outbreak has been the main catalyst for the growth and adoption of experiential advertising for customers across the world. Different brands are executing unique approaches to market their goods and services, in order to connect with customers during the pandemic outbreak. The goal of experiential marketing is to establish a connection in such a way that the consumer responds to a product offering based on both emotional and rational response levels.  Thus, guerrilla marketing (an advertisement strategy) is the best way to promote a product or service during the COVID-19 outbreak. The COVID-19 outbreak has deeply affected the global economy and also the marketing scenario.
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Global Experiential Advertising Agency Services Market Dynamics

  • Increasing population and disposable income growth across developing and developed countries is expected to accelerate the growth of the experiential advertising agency services market. 
  • Promoting storytelling of brands as an experiential strategy, to deliver digital marketing campaigns, mostly to clients from the tour management & hospitality sector, is expected to boost the experiential advertising agency services market.
  • Enabling experiential product branding by using various edge digital platforms in order to engage customers is expected to drive the experiential advertising agency services market.
  • Increasing trend of augmented reality (AR) worldwide and also in the field of experiential advertising for creating new dimensions with brands is expected to enhance the demand over the forecast period 2020- 2030.   

North America to Account for Major Share of the Global Experiential Advertising Agency Services Market

  • In terms of region, the global experiential advertising agency services market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • North America is anticipated to lead the global experiential advertising agency services market, due to well established providers of experiential advertising agency services and the brands which use these services, so as to promote their products and services.
  • The experiential advertising agency services market in Asia Pacific is expected to hold significant share due to rising awareness of marketing strategies to promote brands, and also growing population and disposable income in developing countries. This is expected to fuel the growth of the experiential advertising agency services market across Asia Pacific.
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Global Experiential Advertising Agency Services Market: Competitive Landscape

Key Players Operating in the Global Experiential Advertising Agency Services Market

Local, regional, and international players are present in the experiential advertising agency services market. The market is highly consolidated, with top manufacturers accounting for approximately 25%–30% of the market share.

Impact of COVID-19 on the Global Internet Radio Market

  • Internet radio is commonly referred to as digital audio service, transmitted through the internet. Internet radio is also called net radio, web radio, streaming radio, online radio, IP radio, and e-radio.
  • Internet radio is a complete system that comprises internet radio technology (listening, streaming, and simulation). Streaming media allows continuous streaming of audio that cannot be paused in between or replayed once the audio is over.
  • Internet radio is accessed online, such as via a broadband connection. Additionally, internet radio can also be connected using an Ethernet cable if the radio is near the router.
  • The global internet radio market is projected to expand at a rapid pace during the forecast period, due to advancement in technologies across the globe.
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Global Internet Radio Market: Dynamics

Global Internet Radio Market: Key Drivers and Restraints

  • Surge in adoption of 4G/ 5G network and decreasing cost of streaming is a major factor likely to accelerate the internet radio market in the next few years.
  • Rise in demand for better streaming in a more efficient manner along with huge data storage capacity across the globe is estimated to boost the growth of the internet radio market during the forecast period.
  • Additionally, rise in adoption of internet radio among various sectors such as media & entertainment, retail stores, travel, airlines, hotels & restaurants, and insurance is projected to boost the demand for internet radio across the globe.
  • Growing feasibility of Wi-Fi at home and offices is also expected to propel the internet radio market during the forecast period.
  • Increasing adoption of internet radio in the automotive sector due to the rapid evolution of connected cars and autonomous vehicles is anticipated to boost the market.
  • The declining cost of internet bandwidth and reduced cost of streaming is expected to create new opportunities for the internet radio market during the forecast period.
  • However, increasing number of digital platforms constantly replacing internet radio is the major factor projected to hinder the global internet radio market in the next few years.
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Impact of COVID-19 on the Global Internet Radio Market

  • Increasing cases of COVID-19 across the globe is resulting in economic slowdown, with developed countries strongly impacted by this pandemic. Most manufacturing or production of goods have been temporarily suspended all over the world. Businesses have been adversely impacted in most countries due to partial or full lockdown. This in turn is projected to indirectly hamper the global internet radio market in the next few years. Lack of industrial activity is expected to result in low cash flows, further hampering the funding of projects.

North America to Hold Major Share of the Global Internet Radio Market

  • In terms of region, the global internet radio market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America dominated the global internet radio market in 2019. The U.S. is the key market in the region due to the presence of major internet radio service providers.
  • The internet radio market in Asia Pacific is projected to expand at a rapid pace during the forecast period. This can be attributed to increasing digitalization and increased internet usage in residential and commercial sectors across countries such as China, Japan, and India in the region.

Time and Attendance Management Service Market Trends and Forecasts 2030

  • Time and attendance management service is a business SaaS application, specifically developed to track & optimize actual work hours of employees, that would help to keep record of salaries and wages paid.
  • This Software as a Service provides personnel management with varied tools to minimize waste and maximize cash flow. Time & attendance, payroll management, labor budgeting, scheduling, and task management are some applications of this software.
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Impact of Coronavirus (COVID-19) on the Time and Attendance Management Service Market

Lockdowns across major regions (Europe, Asia, and North America) due to an increase in the spread of Coronavirus (COVID-19) has a positive impact on the time and attendance management service market. Lockdowns have forced most of the enterprises to opt for work-from-home (WFH) due to the growing demand to enforce social distancing because of the highly contagious nature of Coronavirus (COVID-19).

Rising Adoption of Cloud–based Solutions Instead of On-premise Solutions among Enterprises Driving the Global Time and Attendance Management Service Market

  • Rising adoption of cloud-based time and attendance management solutions is one of the major trends observed in the market. These days, organizations want to adopt cloud-based time and attendance management solutions with limited infrastructure investment.
  • The cloud-based model is becoming popular in medium and small scale businesses. Cloud-based solutions provide additional benefits compared to an on-premise solution. This helps users to focus on their core business activities while achieving substantial reduction in the total cost of ownership.
  • A cloud-based solution is an advanced model used for delivering various solutions such as time & attendance, payroll management, labor budgeting, scheduling, and task management, where the solution is hosted on the cloud and accessed through a browser. Cloud service providers deploy and manage the solution while end-users use the service on a pay-per-use model.
  • Cloud-based solutions are considered as the right model for enterprise solutions as they allow the customers to move their content to cloud. Thus, the growing need to reduce the total cost of ownership and easily access data is compelling enterprises to shift toward cloud-based models.
  • Rising adoption of cloud–based solutions rather than on-premise solutions among enterprises is driving the time and attendance management service market.

Cloud Security and Network Transmission Issues Expected to Hamper the Market

  • Time and attendance management solutions widely rely on cloud-based services which are vulnerable to control loss or service impairment, and service loss comprising service interruption, data leakage, or in worse cases even service termination.
  • End-user experience may also be affected by unstable network connections at some places across different locations worldwide; this might limit the scope of cloud-based services comprising hybrid services/solutions in the affected regions.
  • This factor is predicted to have a moderate impact as a market restraint throughout the forecast period as the issues pertaining to network transmission are already being addressed by improving the network infrastructure.
  • Therefore, cloud security and network transmission issues are expected to hamper the time and attendance management service market worldwide.
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North America to Account for Major Share of the Global Time and Attendance Management Service Market

  • In terms of region, the global time and attendance management service market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America is anticipated to account for major share of the global time and attendance management service market during the forecast period due to major presence of leading players and rising demand for workforce optimization in the region, indicating potential growth of the market. Europe is expected to be the second largest market for time and attendance management service from 2020 to 2030.
  • Asia Pacific is projected to be a rapidly growing market for time and attendance management service during the forecast period due to growing implementation of cloud-based time and attendance management service across various industry verticals such as retail, banking, financial services, and insurance, specifically in India, Japan, and China.

Cloud Telephony Service Market - Key Players, Revenues During Covid-19 Outbreak

According to a new market report published by Transparency Market Research  the global cloud telephony services market is expected to reach a value of US$ 41,768.3 Mn by 2026 on account of cost reductions compared to traditional telephony systems. The market is projected to expand at a CAGR of 17.2% during the forecast period from 2018 to 2026. Increasing demand for enterprise mobility, mobile workforce, and multiple benefits offered by cloud telephony services are encouraging their higher adoption.
In addition, rising penetration of mobile devices is boosting the global demand for cloud telephony services. Europe is anticipated to be a rapidly expanding region of the market, followed by Asia Pacific during the forecast period. Cloud telephony services are being increasingly adopted across different industry verticals around the globe. Increase in the implementation of IP networks, Internet bandwidths, and improvement in the quality of services offered by telecommunication providers are further contributing to the expansion of the cloud telephony services market.
Multiple Telecommunication Operators are Migrating Their Customers over the IP Network, which is Likely to Drive the Demand for Cloud Telephony Services in Coming Years
Adoption of cloud telephony services in small and medium-sized enterprises (SMEs) is increasing mainly due to cost efficiency as well as limited capital investment required for deploying network systems as compared to traditional network services. The advancements in technology and addition of multiple features to IP phones have attracted business customers to migrate to IP networks.
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Cloud Telephony Services Market: Scope of the Report
The cloud telephony services market can be segmented based on deployment, enterprise size, network, application, industry, and region. There is high demand for cloud telephony services from multiple industry verticals including BFSI, telecom and IT, health care, retail, government, media & entertainment, education, and others (transportation and manufacturing). The IT and telecom segment held a prominent share in cloud telephony services market in 2017 and is also expected to show sustainable expansion during the forecast period.
Rapid expansion of the BPO industry and fast growth in network services developments such as VoIP services and IP network have largely contributed to the penetration of cloud telephony services across different regions. Cloud telephony has been evolving as a cost-effective solution to offer an effective communication network. The health care, retail, and education segments are anticipated to offer lucrative expansion opportunities in cloud telephony services market. In terms of adoption of cloud telephony services, the health care sector is projected to expand at a CAGR of approximately 19% during the forecast period from 2018 to 2026.
Demand for cloud telephony services in Europe is likely to increase  as leading telecom players migrate their customers to IP networks. The market in the U.K., Germany, and France is expected to offer lucrative opportunities due to the phasing out of Integrated Services Digital Network (ISDN) lines  by telecom operators in these countries. Asia Pacific is anticipated to be a high potential region of te market for the cloud telephony services during the forecast period.
Rise in investments in the commercial sector and on-going network infrastructure developments in the developing countries such as China, India, and Philippines are anticipated to favor the cloud telephony services market in Asia Pacific during the forecast period. High concentration of IT and telecom companies and network developments in the U.S. are aiding the adoption of cloud telephony services. Moreover, the rise in number of contact centers across North America is expected to contribute to the cloud telephony services market. Integration with web real-time communication (WebRTC) and session initiation protocol (SIP) to support bring your own device (BYOD) are the key trends influencing the market expansion in the region.
Global Cloud Telephony Services Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global cloud telephony services market. Key players profiled in the cloud telephony services market include 8x8, Inc., AVOXI, BroadSoft, Cisco Systems, Inc., DIALPAD, Exotel Techcom Pvt. Ltd., Go 2 Market India Pvt. Ltd., Knowlarity Communications Pvt Ltd., LeadNXT, Megapath, Microsoft Corporation, Mitel Networks Corporation, Natterbox Ltd., NetFortis, Nextiva, NFON AG, NovaCloud Pty Ltd., NTT Communications, PortaOne, Inc., Redcentric plc., RingCentral, Inc., Singtel, Solutions Infini., Telviva, Tripudio Ltd., VoIPStudio, Vonage Intermedia.net, Inc., and Vox Telecom.

IoT Solutions Market to Witness Astonishing Growth by 2025

With an increased demand for solutions capable of bringing down operation costs and improving profit margins from oil and gas companies who are looking to every possible way to emerge from a very recent phase of massive price drops in key products, IoT solutions companies serving the global energy industry can look ahead to promising growth opportunities, observes Transparency Market Research in a recent report. Some of the leading companies in the global IoT market for energy industry are Davra Networks, Carriots, AGT International, Cisco, Accenture, and Tego Inc.
According to the report, the global IoT solutions market in the energy industry stood at US$9,300.9 mn in 2016 and is likely to rise to a valuation of US$94,011.8 mn by 2025, expanding at an impressive CAGR of 29.5% between 2017 and 2025. Of the key end-use industries in the power sector making use of IoT solutions, the oil and gas industry accounts for a lion’s share of the market, holding nearly 72% in 2016. Geographically, the North America market accounted for the dominant share in the said year.
Benefits in Optimizing Operations and Improving Profits Compel Power Sector to Increase Adoption of IoT Solutions
The global power generation industry has expanded considerably over the last decade has seen a vast rise in expenditure for the improvement of residential, commercial, and industrial infrastructure along with an increased focus on energy conservation initiatives so as to remain competitive. With IoT systems in place, the provision of real-time data about parameters such as voltage fluctuations can provide early warning signs of equipment failure and ensure proper allocation of maintenance crews. The increased understanding of these benefits is likely to bring about a considerable increase in the overall demand for IOT systems for grid control and power metering in the near future.
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Demand for IOT solutions in the energy industry will be driven by security concerns, and for purposes such as optimization, monitoring of operations, minimizing the demand-supply gap, and combating cyber threat. Governments of several countries are increasingly shifting towards green energy owing to increased global warming and excess depletion of fossil fuel reserves.
With several countries, such as Australia eying to go 100% renewable by 2030, demand for smart monitoring systems capable of warranting a smooth transition from conventional power to renewables is likely to see a massive rise. This has paved ways for deployment of IoT solution in the renewable industries across the globe. Capacity expansions of existing solar and wind power plants is expected to drive the demand for IOT solutions in near future.
Data Security Concerns Dissuade Government Sector, Restrain Uptake
One of the key factors hindering the growth of the global IoT solutions market for energy industry is government regulations on IoT Industry. The success of the idea of connecting devices to make them more efficient is dependent upon access to and storage and processing of data that could be sometimes confidential, which could dissuade government bodies from adopting IoT solutions in the first place.
Nevertheless, companies in the market can benefit from the rising set of opportunities in the oil and gas industry. Through the use of IoT systems, companies in the oil and gas industry have started to optimize their operations and bring down their capital and operating costs. With a couple of unexpected rough years in the recent past, oil and gas companies are looking to exploit every opportunity to bring down costs to remain competitive, which could, in turn, fare well for the IoT solutions market in the near future.
This assessment of the global IoT solutions market for energy industry is based on a recent market research report released by Transparency Market Research, titled “IOT Solutions Market for Energy Industry, (Solution - Analytic Software, Hardware Platform, Service, and Connectivity; Application - Pipeline, Refineries, Grid Control, and Digital Oilfield; End-user Industry - Oil and Gas, Solar, and Wind) - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2017 - 2025.”

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